Summer Suites, Menara Solaris
Summer Suites (also known as Mercu Summer Suites) is a leasehold SOHO building that is located in Menara Solaris, KLCC. There are 403 units available at this property with built-up from 454 sf to 1,348 sf. It was developed by UEM Sunrise Bhd (fka Sunrise) with a launch price at around RM700 psf, and was completed in around 2015.
UEM Sunrise Bhd (fka Sunrise) is a huge real estate company listed on KLSE, and it has constructed around 71 real estate projects in Malaysia. Other similar projects by the same developer are Menara Solaris and Summer VOS.
This soho building has some amenities nearby, for example universities, transit stations, hospitals and schools. The following are some of the major universities here:
- Advance Tertiary College (ATC)
- Erican College (KLCC Campus)
- Optopreneur College
- Queens College KL
- Sky High University
- The Regency College
- Universiti Kuala Lumpur
- Universiti Kuala Lumpur (Ips
- Universiti Teknikal MARA
- Yes International College (fka Yes Academy)
As for transit stations, there are LRT Dang Wangi, LRT Kampung Baru, Monorail Bukit Nanas and Monorail Medan Tuanku. There are also some hospitals here, i.e. Al Islam Specialist Hospital and Mont Kiara Medical Centre.
Lastly, the schools here are SMK Convent Bukit Nanas and Sekolah Antarabangsa Sayfol.
The current rental yield of Summer Suites is around 5.56%, compared to 3.45% a year ago in Q3 2021. The highest rental yield ever recorded was 5.56% in Q4 2022; while the lowest one was 3.23% in Q2 2022. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Summer Suites is Studio / 493 sf with a median price of RM830 psf. For price wise, the most expensive one is 1-bedroom / 577 sf with a median price of RM1,040 psf; while the cheapest one is 2-bedroom / 1,348 sf with a median price of RM590 psf.
Latest Summer Suites sale listings:
Date | Property Type | Built-up | Price |
---|---|---|---|
Today | Office | 635 sf | RM500,000 |
Today | Office | 581 sf | RM550,000 |
23 Apr 2023 | Studio | 492 sf | RM410,000 |
20 Feb 2023 | Office | 710 sf | RM375,000 |
21 Feb 2023 | Studio | 484 sf | RM484,000 |
20 Feb 2023 | Office | 710 sf | RM375,000 |
19 Feb 2023 | Office | 493 sf | RM369,000 |
15 Feb 2023 | Office | 710 sf | RM375,000 |
13 Jan 2023 | Office | 493 sf | RM304,000 |
6 Dec 2022 | Office | 495 sf | RM337,000 |
Latest Summer Suites rental listings:
Date | Property Type | Built-up | Rental |
---|---|---|---|
29 Nov 2022 | Apartment Room | -NA- | RM750 |
16 Aug 2022 | Room | -NA- | RM730 |
15 Jan 2022 | Condominium | 500 sf | RM1,600 |
5 Jan 2022 | Studio | 500 sf | RM1,800 |
31 Dec 2021 | Studio | 495 sf | RM1,700 |
4 Jan 2022 | Studio | 493 sf | RM1,500 |
4 Jan 2022 | Condominium | 495 sf | RM2,000 |
31 Dec 2021 | Studio | 500 sf | RM1,550 |
29 Dec 2021 | Master Room | -NA- | RM1,200 |
29 Dec 2021 | Condominium | 1,130 sf | RM3,800 |